Laube is leaving Nestle to “pursue personal opportunities”

Laube is leaving Nestle to “pursue personal opportunities”

Richard Laube, the executive vice president in charge of Nestlé Nutrition has announced his intention to leave the firm.

Laube will leave with immediate effect to "pursue personal opportunities" outside Nestlé, the firm said today (31 August).

During his five years at Nestlé, Laube started out as head of business development before taking up the role of head of Nestlé Nutrition.

Nestlé CEO Paul Bulcke said: "We respect Mr Laube's decision, thank him for his
valuable contribution during his time at Nestlé and wish him all the best for
the future."

Nestlé has asked Nandu Nandkishore, Nestlé Nutrition's global business head of
infant nutrition, to take interim responsibility for the division, with effect from today.

The board of directors are expected to take a decision on a permanent appointment to this post "in due time".